Pears Market Size, Share Estimation, Business Strategies, Opportunities And Forecast To 2033

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Pears Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $41.47 billion In 2028 At A CAGR Of 6.4% :

The pears market size has grown strongly in recent years. It will grow from $30.92 billion in 2023 to $32.35 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to consumer demand for healthy snacks and natural foods, traditional culinary uses of pears in various cuisines, the availability of different pear varieties catering to diverse tastes, the growth of the global food and beverage industry, and the and the cultural significance of pears in certain regions.

The pears market size is expected to see strong growth in the next few years. It will grow to $41.47 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to increasing consumer awareness of the health benefits of pears, the adoption of sustainable farming practices in pear cultivation, climate change affecting pear growing regions and production, government initiatives promoting fruit consumption for public health, and rising demand for organic and locally sourced produce. Major trends in the forecast period include the expansion of pear product offerings, such as pear-based beverages and snacks; an increased focus on pear varieties with unique flavors and textures; the adoption of technology for precision farming in pear orchards; the incorporation of pears into plant-based and vegan diets; and collaboration between pear producers and chefs to promote innovative pear dishes.

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Pears Market Major Segments
The pears market covered in this report is segmented -

1) By Product: Asian Pears, European Pears
2) By Nature: Conventional, Organic
3) By Distribution Channel: Offline, Online
4) By Applications: Commercial, Household

Key Driver - Rise In Consumer Health Consciousness Boosting Demand In The Pears Market

The rise in consumer health consciousness is expected to drive the pear market going forward. Consumer health consciousness refers to individuals' awareness and concern regarding their health, leading them to make informed choices about their lifestyle, diet, and consumption habits. The rise in consumer health consciousness is due to increased access to health information, growing concerns about chronic diseases, and a desire for overall well-being. Pears are nutrient-rich fruits with high fiber content, essential vitamins, and minerals, making them valuable to a health-conscious diet. Their fiber promotes digestive health and aids in weight management by boosting feelings of fullness. For instance, in May 2022, according to a survey among 1,005 Americans by the International Food Information Council (IFIC), a US-based non-profit organization that provides science-based information on food safety, nutrition, and health, around 52% of Americans followed a diet or eating pattern in 2022, a notable rise from the previous year (39% in 2021). Moreover, the increase was mainly among those under age 50 with popular diets, including clean eating (16%), mindful eating (14%), calorie counting (13%), and plant-based (12%). Therefore, the rise in consumer health consciousness is driving the pear market.

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Prominent Trend - Technological Innovations Propel Growth In The Pears Market

Major companies operating in the pears market are increasing their focus on developing innovative solutions, such as fruit size distribution software for pears, to capitalize on the benefits and improve their competitiveness. Fruit size distribution software is a computer program designed to analyze and visualize the distribution of sizes for pears, aiding in quality assessment and production management. For instance, in December 2022, Hectre, a New Zealand-based aggrotech company, launched Spectre Mobile Fruit Sizing for Pears. This platform features machine learning and real-time data delivery, enhancing accuracy and decision-making. Its technological advancements include eliminating manual methods and early color grading and improving efficiency and profitability in the pear market.

Pears Market Players
Major companies operating in the pears market are Dole plc, FirstFruits Farms, Giumarra Companies, Stemilt Growers LLC, Fresh Fruits Company, Washington Fruit Growers, Monson Fruit Co., Pacific Coast Fruit Company, Chelan Fresh, The Fruit Company, Oppy, Columbia Fruit Packers Inc., Domex Superfresh Growers, Rainier Fruit Company, Westfalia Fruit (Pty) Ltd, Starr Ranch Growers, Diamond Fruit Growers, Honeybear Brands, Underwood Fruit and Warehouse Company, Gilbert Orchards, Orchard View Farms, Sage Fruit Company, CMI Orchards, Golden Bay Fruit, William H. Kopke Jr. Inc., Duckwall Fruit, Pear Bureau Northwest, HMC Farms, Orchard Fruit Co., Salix Fruits, Devos Group

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Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the pears market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pears market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Pears Market Report Structure
3. Pears Market Trends And Strategies
4. Pears Market - Macro Economic Scenario
5. Pears Market Size And Growth
…..
27. Pears Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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